PGIM India Balanced Advantage Fund Direct Growth
PGIM India Balanced Advantage Fund Direct Growth

PGIM India Balanced Advantage Fund Direct Growth

Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 11.8 as on 30-09-2022

Fund Performance
zero opening, trading, fund transfer fee
40 people have invested ₹ 16.8L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
This Fund
-2%
8.9%
0.9%
3.3%
Benchmark
-1.4%
6.4%
1.5%
2.3%
About the Fund

PGIM India Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on  4 February, 2021. The fund is managed by Puneet Pal, Hitash Dang, Rahul Jagwani, Aniruddha Naha. This fund gives you the benefit of diversification.

Key parameters

1) PGIM India Balanced Advantage Fund Direct Growth has a NAV of 11.81 as on 30-09-2022.

2) PGIM India Balanced Advantage Fund Direct Growth has 1542 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 0.3 %.

Fund Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Hybrid 50+50 - Moderate TR INR
AUM
AUM
₹1542 Cr
Inception Date
Inception Date
4 February, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
86.06%

Fund Distribution

  • Equity 76.3%
  • Debt & Cash 23.7%
Size breakup
Large cap
51.4%
Mid cap
14.2%
Small cap
10.7%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

36.3%

Industrial

16.2%

Consumer Cyclical

15.3%

Consumer Defensive

11.7%

Tech

6.2%

Basic Materials

5.3%

Real Estate

2.2%

Communication

1.9%

Utilities

1.7%

Health

1.6%

Energy

1.4%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings54
Equity Holdings34
Debt Holdings20
Holdings
Weight%
Holdings Trend
1M Change
icon
Clearing Corporation Of India Ltd.
11.65%
0%
icon
ICICI Bank Ltd
8.29%
0%
icon
HDFC Bank Ltd
5.83%
0%
icon
Bharat Electronics Ltd
3.98%
0%
icon
SBI Cards and Payment Services Ltd Ordinary Shares
3.87%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 32.5 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 1.5K Cr
Jul'22
₹ 1.5K Cr
Jun'22
₹ 1.4K Cr

Fund Returns vs Benchmark

Aug'22
7.01%
5.19%
Jul'22
7.01%
5.19%
Jun'22
-3.21%
-2.34%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
53
63
58
Top 5 Company Concentration
25.6%
25.1%
29.7%
Company having highest exposure
ICICI Bank Ltd (8.3%)
ICICI Bank Ltd (7.8%)
Reliance Industries Ltd (8.3%)
No of Sectors
14
13
12
Top 5 Sectors Concentration
74.5%
70.3%
59.9%
Sector having highest exposure
Financial Services (27.7%)
Financial Services (26.7%)
Financial Services (15.9%)

Fund Manager

Puneet Pal

Puneet Pal

Managing this fund since 1 December 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
PGIM India Liquid Fund Direct Plan Growth
4.15%
3.25%
PGIM India Credit Risk Fund Segregated Plan 1 Direct Plan Growth
0%
--
PGIM India Midcap Opportunities Fund Direct Growth
39.92%
22.92%
Hitash Dang

Hitash Dang

Managing this fund since 1 June 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
PGIM India Arbitrage Fund Direct Plan Growth
4.44%
3.84%
PGIM India Equity Savings Fund Direct Plan Growth
8.37%
8.46%
Rahul Jagwani

Rahul Jagwani

Managing this fund since 12 May 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
PGIM India Global Equity Opportunities Fund Direct Plan Growth
11.1%
--
PGIM India Flexi Cap Fund Direct Growth
25.43%
15.57%
PGIM India Hybrid Equity Fund Direct Plan Growth
11.27%
13.67%
Aniruddha Naha

Aniruddha Naha

Managing this fund since 4 February 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
PGIM India Flexi Cap Fund Direct Growth
25.43%
15.57%
PGIM India Midcap Opportunities Fund Direct Growth
39.92%
22.92%

AMC details

Address
PGIM India Asset Management Private Limited,Nirlon House, 2nd Floor,,Dr. Annie Besant Road,,Worli,
Email
Phone
+912271584300
Fund House
PGIM India Asset Management Private Limited

Fund Highlights

meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.6% since inception which is more than its category average return of 8.64%
Fund Allocations

Fund Allocations

This fund has an allocation of 76.27% in Equity, 9.93% in Debt and 13.79% in Cash related instruments
AUM size ₹1542 Cr

AUM size ₹1542 Cr

This fund has AUM of ₹1542 Cr which is less than its category average of ₹ 7539 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of PGIM India Balanced Advantage Fund Direct Growth is 11.81.
Existing (Absolute + CAGR)
PGIM India Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-1.99%
-1.99%
6 Month Returns
0.85%
0.85%
1 Year Returns
3.32%
3.32%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.3 as on September 2022
1542 Cr as on September 2022
ICICI Bank Ltd(8.29%),HDFC Bank Ltd(5.83%),Bharat Electronics Ltd(3.98%),SBI Cards and Payment Services Ltd Ordinary Shares(3.87%),Hindustan Unilever Ltd(3.65%) as on September 2022
Financial Services(27.71%),Cash Equivalent(13.79%),Industrial(12.37%) as on September 2022
AAA
100
Puneet Pal,Hitash Dang,Rahul Jagwani,Aniruddha Naha are the fund managers of PGIM India Balanced Advantage Fund Direct Growth
The Exit load of PGIM India Balanced Advantage Fund Direct Growth is 0.5%